Circle announces $ 400M funding

Blackrock, reliability, Marshall Ways And Fin Capital Participate

Boston, April 12, 2022 / PRNewswire / – Circle Internet Financial, a global Internet financial institution and provider of USD currency (USDC), today announced the signing of an agreement. $ 400M Funding round with investments from Blackrock, Inc., Fidelity Management and Research, Marshall Ways LLP and Fin Capital. The funding round is expected to end in the second quarter.

In addition to contributing as its Corporate Strategic Investment and USDC Cash Reserves Chief Asset Manager, BlackRock has entered into a broader strategic partnership with the Circle, which includes exploring capital market applications for the USDC.

As the demand for the dollar digital currency and related financial services continues to grow globally, the new fund is promoting the continued strategic growth of the circle. The USDC is one of the fastest growing dollar digital currencies $ 50 billion Is in circulation.[1]

“Dollar digital currencies such as the USDC are driving global economic change, and the technological infrastructure of the circle is at the center of that transformation. This financial round will drive the next evolution of growth,” he said. Jeremy Aller, Co-founder and CEO of the circle. “We are delighted to have BlackRock as a strategic investor in the company. We look forward to enhancing our partnership.”

Hopefully about
Circle is a global financial technology company that enables businesses of all sizes to apply the power of digital currencies and global blockchains to payments, trades and financial applications. Circle is the issuer of the US Dollar Currency (USDC), one of the fastest growing digital dollar currencies in the world. Today, Circle’s transaction services, business accounts and platform APIs are developing new generation financial services and trading applications that promise to enhance global economic prosperity for all through the non – frictional exchange of financial value. In addition, Circle runs SeatInvest, a leading start-up fundraising platform in the United States.

Full Description of the Terms of Proposed Transactions (Overall, “Transactions”) between Circle Internet Financial Limited (“Circle”) and Concord Acquisition Corp (“Concord“), Form to be submitted to the SEC by Circle Internet Finance plc (” Company “) will be provided in the revision of the Registration Report in S-4 Concord This will also be the prospectus of the company. ConcordCircle and Company urges investors, shareholders and other interested parties to read the Preliminary Proxy Report / Prospectus and other documents filed with the SEC as they become available, as these documents contain important information. Concord, Circle and transactions. After the registration report is declared useful, a definitive proxy report / prospectus to be included in the registration report will be sent to the shareholders. Concord A registration date has been established to vote on transactions. Concord Acquisition Corp, 477 Madison Avenue, 22nd Floor, 22nd Floor, New York, NY 10022. Preliminary and definitive proxy report / prospectus to be included in the registration statement, upon receipt, can be obtained free of cost from the SEC website (

Participants on request
Concord, Circle and company and the respective directors and executive officers may be considered as participants in the request of proxies in connection with transactions under the rules of the SEC. Information about directors and executives Concord Is set to That’s Concord Annual Report on Form 10-K for the financial year ended December 31, 2021It was filed with the SEC March 4, 2022. Under the rules of the SEC, information relating to persons considered to be participants in the shareholders’ request for transactions will be specified in the Proxy Report / Prospectus when filed with the SEC. These documents can be obtained free of charge from the sources mentioned above.

Do not
This document is not a proxy statement or a proxy request Concord, Circle or Company, or any other State or jurisdiction where such offer, claim or sale may be illegal prior to registration or eligibility under such state or jurisdictional protection laws. No offer of securities will be made except through the prospectus which meets the requirements of the Securities Act of 1933 as amended.

Forward statements
This document contains some statements that do not contain historical facts, but looks forward to the purposes of safe harbor rules under the United States Private Securities Litigation Reform Act of 1995. Perspective statements are usually accompanied by words such as “hope.” “May,” “will,” “evaluate,” “continue,” “expect,” “intention,” “expect,” “will,” “will,” “plan,” “predict,” “possibility , “” Appears, “” Searching, “” Future “,” Perspective “and similar expressions that do not predict or indicate future events or trends or are statements of historical facts. These perspective statements include reports on the expected timing of the private finance round, but they are not the only ones. These reports are based on various assumptions and current expectations That’s Concord And circle management and not actual performance predictions. These perspective statements are for illustrative purposes only and are not intended to serve as a definitive statement of guarantee, guarantee, prediction or fact or probability by any investor. Predicting real events and situations is difficult or impossible and differs from assumptions. Many real events and situations are out of control Concord And hopefully. These anticipatory statements are subject to a number of risks and uncertainties, including the general economic, political and business conditions; Applicable taxes, inflation, interest rates and hopefully the regulatory environment in which they operate; Resolution of legal proceedings or other disputes, to any circle, Concord And / or the company may become a party; The inability of the parties to conclude transactions; Risk of shareholder approval Concord Or the circle for transactions is not obtained; Failure to realize the expected benefits of transactions as a result of delays in the execution of transactions; The announcement and / or completion of transactions risks disrupting the current plans and operations of the circle; The risk that any of the conditions for closure will not be met in the expected manner or within the expected timeframe; Ability to maintain a list of consolidated company securities on the New York Stock Exchange; Those factors discussed That’s Concord Annual Report on Form 10-K for the financial year ended December 31, 2021 And other documents under the heading “Risk Factors” Concord Filed or to be filed with the SEC. If the risks work or the assumptions are proven to be false, the actual results may differ from the results indicated by these perspective statements. There may be additional risks Concord, Hopefully the circle and company do not currently know or believe that what they currently believe is unimportant, which will distinguish actual results from those in perspective statements. In addition, perspective statements reflect That’s Concord And the circle’s expectations, plans or forecasts of future events and views according to the date of this news release. Concord Hopefully subsequent events and developments will change their ratings. However, when Concord And hopefully at some point in the future may choose to update these perspective statements, Concord And hopefully in particular denies any obligation to do so. These perspectives should not be believed to represent statements That’s Concord Or circle ratings on any date following the date of this news release. Accordingly, perspective statements should not be relied upon unnecessarily.


SOURCE Circle Internet Financial, LLC

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